Charles Schwab – Funding model drives lack of accountability, a well-spun lie is celebrated while hard truths are punished. | Comparably

Charles Schwab – Funding model drives lack of accountability, a well-spun lie is celebrated while hard truths are punished.

Charles Schwab Claimed Company
A career with Schwab means becoming part of a dynamic, collaborative team that’s committed to transforming the finance industry. When you join Schwab, you’re taking control of your professional journey by gaining the tools, knowledge, and positive environment you need to own your future. read more
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Funding model drives lack of accountability, a well-spun lie is celebrated while hard truths are punished.

What did you like most about the interview process?

I wasn't fully aware I was interviewing

What makes you most happy at work?

The end of the workday

What is the best part about your compensation package?

The comp is by and large fair, although the bonus structure has been consistently misrepresented

What do your coworkers need to improve and how could you work together better?

Too many meetings with too many people, Everyone stays narrowly in their lane but as a result don't understand basics of the stock market, which is kind of important?

What needs to change to make the company culture better?

There is so much broken, it's difficult to know where to start, but Schwabbies will tell you all day long everything is fine even when it isnt. It's not safe to be wrong here.

What does the leadership team need to get better at?

It's difficult to tell if they are party to the issues or oblivious to them , but it's the same boardroom elite-types that brought us cube sharing in a pandemic. I think there's genuine shock on their part that they are expected to communicate, and more importantly, listen.

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